Indiano Capital Management Inc. (Rochester)

Name: Indiano Capital Management Inc.
Address: 120 Linden Oaks, Rochester, NY, 14625
Telephone: 585-248-9888

Indiano Capital Management Inc. is a large advisory firm based in Rochester. It manages $220.03 million of regulatory assets for 132 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida and New York.

Indiano Capital Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Indiano Capital Management: assets under management

The assets under management (AUM) of Indiano Capital Management Inc. is $220.03 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 561% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $220.03 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.67 million each.

Investments

The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is state and local bonds, which make up 13% of the firm’s portfolio. Investments in government bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Indiano Capital Management Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Matthew Carmen Indiano serves?

The firm provides services to individuals, insurance companies, high net worth individuals, and corporations or other businesses. The largest group of clients of Matthew Carmen Indiano is high net worth individuals with 8 clients and $157.84 million of assets under management. Among the 4 most similar advisory firms, Indiano Capital Management has the 2nd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $220.03 million for 72 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Indiano Capital Management doesn't advise any private funds.

Careers at Indiano Capital Management Inc.

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Matthew Carmen Indiano has been acting as President since 1 Jun 1998. Carmen Anthony Indiano joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Matthew Carmen Indiano	President	1 Jun 1998	75% - 100%	4650217
Carmen Anthony Indiano	Chief compliance officer	1 Jan 2001	Other	4943366

Based in Rochester

The principal office where Indiano Capital Management Inc. performs its advisory services is located at 120 Linden Oaks, Rochester, NY 14625, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 585-248-9888 or by fax 585-248-9893. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at indiano.com.